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Govt not to hike import duty on sugar

Last Updated: Friday, July 25, 2014, 17:50

Rejecting the demand to hike import duty on sugar to 40 percent, the Finance Ministry on Friday said the levy will be retained at the existing level of 15 percent.

Sugar futures fall 0.63% on profit-booking

Last Updated: Wednesday, June 25, 2014, 13:11

Snapping its rising streak, sugar prices fell by 0.63 percent to Rs 3,154 per quintal in futures trading Wednesday as speculators indulged in booking profits.

Sugar costlier by up to Rs 2 per kg on import duty hike

Last Updated: Tuesday, June 24, 2014, 14:58

Sugar prices on Tuesday further rose by up to Rs 2 per kg to Rs 33.40 at the wholesale market in the national capital.

Sugar stocks extend gains for second day

Last Updated: Tuesday, June 24, 2014, 12:03

Shares of sugar companies on Tuesday soared higher for second day in a row after the government announced interest-free loans for cash-strapped mills and hiked import duty.

Sugar prices rise by Rs 60/quintal on import duty hike

Last Updated: Monday, June 23, 2014, 19:15

Sugar prices rose up to Rs 60 per quintal in its prices on the country's leading wholesale markets on stockists buying after the government raised import duty on the sweetener to 40 percent besides additional interest-free loan of Rs 4,400 crore for mills.

Govt agrees to raise import duty on sugar with rider

Last Updated: Monday, June 23, 2014, 13:37

The government has also decided to raise the mandatory blending of ethanol in gasoline to 10 percent from 5 percent.

Sugar stocks soar on import duty hike, interest free loans

Last Updated: Monday, June 23, 2014, 12:40

Government will extend sugar export subsidy of Rs 3,300 per tonne till September this year.

Sugar prices may rise as govt hikes import duty on sugar to 40%

Last Updated: Monday, June 23, 2014, 12:18

Govt will hike import duty on sugar to 40 percent from the current 15 percent, Food and Civil Supplies Minister Ram Vilas Paswan said on Monday.

Commerce Min not looking at hiking import duty on sugar

Last Updated: Wednesday, June 11, 2014, 19:36

The Commerce Ministry is not looking at hiking import duty on sugar as it has not yet received any proposal in this regard, a top official said Wednesday.

Govt mulls extra Rs 4,400 cr interest-free loans to sugar mills

Last Updated: Thursday, June 05, 2014, 21:11

The government on Thursday said it is examining providing additional interest-free loans of Rs 4,400 crore to cash-starved sugar mills to clear dues to cane farmers.

PM panel okays Rs 7,200 cr interest-free loans to sugar mills

Last Updated: Friday, December 06, 2013, 16:45

The ministers also suggested recasting of loans taken by mills as per Reserve Bank norms, incentives to produce 4 million tonnes of raw sugar and setting up of buffer stock, besides doubling ethanol-blending in petrol to 10 percent.

Sugar industry seeks hike in import duty and export sops

Last Updated: Thursday, October 17, 2013, 17:14

ISMA, the apex body for sugar industry, Thursday demanded the government increase import duty on sugar and provide assistance for exports to bail out the sector that suffered losses in 2012-13 season.